How Third-Party Manufacturing is Transforming the Pharmaceutical Industry in Punjab
Punjab, one of India's thriving states, has witnessed remarkable growth in the pharmaceutical sector. One of the key drivers of this transformation is third-party manufacturing. This practice has gained immense popularity in recent years, and it is reshaping the pharmaceutical industry in Punjab. With its cost-effective and efficient approach, third-party manufacturing is becoming an indispensable part of the pharma ecosystem. The Rise of Third-Party Manufacturing in Punjab The pharmaceutical industry in Punjab has embraced third-party manufacturing with open arms. This trend is not limited to large pharmaceutical companies; even small and medium-sized enterprises are leveraging this model to expand their operations. Several factors have contributed to the rise of third-party manufacturing in Punjab. Cost Efficiency: Punjab's pharmaceutical companies are increasingly adopting third-party manufacturing to reduce production costs. By outsourcing production to specialized ...